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GEM PROCUREMENT
The 30% smallcap tilt: How Abakkus Flexi Cap Fund is positioning for the next rallyAbakkus Mutual Fund is strategically allocating 30% to smallcaps within its Flexi Cap Fund, identifying mispriced opportunities despite str...
Firms defaulting on labour wage may face ban from govt tendersCentral agencies can now ban contractors from government projects for failing to pay worker wages or social security contributions. Repeat ...
"Hopeful CBSE will answer my questions": Class 12 Student Sarthak Siddhant flags OSM tender discrepanciesA Class 12 student, Sarthak Siddhant, has raised concerns over CBSE's On Screen Marking (OSM) tendering process, alleging discrepancies tha...
TCS aims to be world's largest AI tech firm; 130 top AI clients onboarded: CEO KrithivasanTCS is targeting global leadership in AI-led technology services. A significant majority of its top clients are already collaborating with ...
Gems & jewellery exports fall 9% in April to Rs 20952 crIndian gems and jewellery exports saw a dip in April 2026. Geopolitical tensions and cautious buyer sentiment impacted trade. While cut and...
India reviews export ecosystem, pushes MSMEs, agri exports and Brand India focusUnion Minister Piyush Goyal reviewed efforts to boost India's exports. The focus is on better implementation, coordination, and monitoring....
Nvidia B200 GPU prices fall 10% in IndiaAI tenderNvidia's B200 GPU prices have seen a 10% drop in IndiaAI Mission tenders due to aggressive bidding by compute service providers. While this...
GeM facilitates transactions worth Rs 5.03 lakh crore in 2025-26Government e-Marketplace, GeM, saw transactions worth over Rs 5 lakh crore in fiscal 2025-26. This marks a slight decrease from the prior y...
Procurement from GeM portal crosses Rs 4 lakh crore in FY'26, to surpass last year's level: OfficialGeM CEO Mihir Kumar said about 45 per cent of public procurement orders are placed to MSMEs, higher than the mandatory requirement of 25 pe...
Work contracts on GeM mulled, platform to become world’s largest govt procurement portalGeM, led by CEO Prashant Kumar Singh, aims to surpass South Korea’s KONEPS by integrating construction contracts. FY24 procurement hit Rs 4...
Public procurement via GeM portal to cross Rs 2 lakh cr in FY23Procurement of goods and services from government portal GeM is expected to cross Rs 2 lakh crore during this fiscal year on account of an ...
Govt e-marketplace GeM achieves Rs 1 lakh crore GMV in FY23 aloneCumulatively, GeM has surpassed the Rs 3 lakh crore GMV since inception, and the total number of transactions on GeM also recently surpasse...
Government e-Market portal eyes Rs 1.5 lakh crore worth of procurement in 2022-23GeM is an online platform for public procurement in India. The initiative was launched on August 9, 2016, by the Ministry of Commerce and I...
BHEL's procurement via GeM jumps to Rs 1,500 cr during April-SeptemberBy driving its procurement through GeM, the company is ensuring transparency and compliance with various government directives like General...
Commerce Secretary B V R Subrahmanyam pitches for expanding GeM to help MSMEsCurrently, government departments, ministries, public sector units, state governments, and Central Armed Police Forces are allowed to carry...
Piyush Goyal calls for adding more participants on GeM platformInteracting with the GeM officers, the minister also said that integration of the platform with the railway e-procurement system towards th...
GeM exploring ways to bring works on portal; seeks stakeholders' views on approach paper"Big contractors which provide these works are not there on the GeM portal. So we have come out with an approach paper for stakeholder cons...
Phased integration of railways, defence procurement system with GeM: GovernmentThe commerce and industry ministry launched GeM on August 9, 2016, in place of the Directorate General of Supplies and Disposal with the ob...
GeM to roll out advanced version in next couple of months: CEO"Over the next couple of months, GeM shall be rolling out GeM 4.0 - which will be anchored in the unified procurement system," Kumar said a...
SAIL ties up with Dept. of Commerce for e-tradeSAIL has signed an MoU with the Ministry of Commerce that will ensure that their transactions happen through the ministry's e-Marketplace.